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Tech Giants Invest in New Dreams of Grandeur


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The article talks about the fast lane moves being done today, that signal possible future opportunities, other than just my SpaceX and Tesla buy ops.


From "The New York Times"



"In the last two weeks, investments from some of the biggest technology companies have raised an important question: Have they gone crazy?


The short answer is: Probably not. The reasons show just how big their ambitions have become.


First, Qualcomm, which makes semiconductors for smartphones, invested with Richard Branson’s Virgin Group on a constellation of satellites. Google went into orbit too, joining Fidelity on a $1 billion investment in SpaceX, Elon Musk’s private rocketry company. The Internet search company also seemed interested in reselling the wireless assets of established phone companies.


Microsoft on Wednesday showed off the latest version of its single most important asset, the Windows operating system, along with some gee-whiz holographic goggles, a device with virtually (pun intended) no market. On Thursday Amazon, an online retailer with a big cloud computing business, said it was buying an Israeli maker of advanced semiconductors for about $350 million.


All of this could be ascribed to the kind of behavior often seen in the late stages of a bubble, when some companies have more money than ideas, and it has become hard to tell what anything is worth.


“One theory is that Silicon Valley has lost its mind,” said Chris Dixon, a partner at Andreessen Horowitz, a leading venture capital firm. In reality, he says, “They are building something, and large parts of the economy haven’t adapted to it yet.”

While Andreessen Horowitz receives a lot of attention for flashy investments like Facebook and Skype, Mr. Dixon says that 30 percent of his firm’s deals are in now-obscure businesses that will turn out to be important in the new industrial landscape."


Much more detail in the article here: http://bits.blogs.nytimes.com/2015/01/25/tech-giants-invest-in-new-dreams-of-grandeur/?emc=edit_tu_20150126&nl=technology&nlid=36852580&_r=0

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